[RoninLB]

World markets are in convulsions readjusting to lower liquidity.

Times were less complicated under the fixed gold standard post WW2. We could export our inflation and the world absorbed it. Today it's productivity that rules. Unfortunately wages lag productivity for what could be years.

How the most powerful man in the world handles this economic worldwide war may affect years of growth and job creation imo. Why should he show the enemy his hand if he doesn't have to ?

That's not saying that the US stock market can't rebound shortly after the next election and fuel excellent returns for a few years.

I also think that world indexes will continue to grow. If Japan doesn't screw up again that'll be another strong player. Add in Australia being big enough to stand up to the big boys now and long term strong worldwide growth becomes a real possibility. That's a huge amount of solid liquidity.

Traders must be having a wild time. Oldie Paul Sarnoff was instrumental in setting up Wall St put & call mkts+. His books are uncomplicated and basic to successful gaming if you're a player and can locate them. When he taught at Hofstra U on LI guys would still sit in his classes after they graduated for the latest way to play the current mkts.